Green Collar North Cannabis

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1 Offering Package: Green Collar North Cannabis Highway 99, Edmonds WA Duane Petzoldt (425) Windermere Real Estate/M2, LLC Jen Hudson (206) Windermere Real Estate/M2, LLC

2 Property Photos Green Collar North Why go anywhere else? Introducing Green Collar North, a quality cannabis store with a complete renovation in October Green Collar is strategically placed on Highway 99 in Edmonds, with traffic counts nearly 40,000 average trips per day* and over 170 of frontage and visibility on Highway 99. This is an ideal opportunity to watch your sales increase almost effortlessly! Building is newer construction from 2002 with a complete renovation and conversion in July With the concrete exterior, new light fixtures, ample signage and lighting, paved parking. Plus, the store interior was completely remodeled inside with new point of sale systems, signage, additional inventory, displays, and flat screen menus in October 2017! This is a true turn-key location with minimal maintenance for many years to come! Property costs are stable and fixed through 2021 with landlord covering maintenance of parking, structure, site, property taxes, insurance, and majority of utilities! Given ideal location and quality condition, the sales have seen consistent increases in growth with already over $2.3 million in sales since opening in September Don t miss your opportunity to own one of the few and truly profitable locations in Washington State! * Washington DOT estimates over 21,352 south-bound trips per day and over 17,428 north-bound trips per day from 2011 traffic studies.

3 Sales Growth September 2016-December 2017 GREEN COLLAR NORTH # Month Over Month Revenue $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $-

4 License and Real Estate License and Real Estate Summary LICENSE DETAILS Entity: Jack Scott Asset Management Servicer, LLC Business Name: Washington Cannabis Station Trade Name w/lcb: Green Collar North License #: Expiration Date: 12/2018 Endorsements: Medical expired 6/2016, can be reinstated Jurisdiction: City of Edmonds License Issued: June 2016 Store Opened: September 2016 Gross Sales 9/ /2017: $2,312,200 REAL ESTATE Location: Highway 99, Suite A, Edmonds WA Building Area: 1,875 S.F. Year Built: 2002 Approx Dimensions: 75 x 25 Zoning: CG2 (City of Edmonds) Parking Ratio: 9 surface, 4.8/1,000 SF Neighboring Tenants: Texaco, McDonalds, Espresso Stand, & Everett Clinic LEASE Lease Rate: $6,000/month fixed through May 2021 Lease Type: Gross Lease (landlord pays utilities, taxes, insurance) Lease Start Date: March 18, 2016 Lease End Date: May 1, 2021 Options to Extend: (1) 5 year option Able to Sublease: No

5 Customer Reviews Green Collar North. Why go anywhere else? What are other people saying? Excellent service and product. bfnewton08, Jan 2018 My absolute favorite shop and such a nice staff. HappyGrass420, Sept 2017 Everyone is very friendly & knowledgeable. We loved the variety of merchandise available too. joeyjames27, Sept 2017 Placed my first online order and was completely satisfied Thanks Cannabis Station. You re the best. mikeinshorelinewa, April 2017 The Cannabis Station is the best! The staff is awesome! The menu is always up-to-date. Why go anywhere else GoMs, Jan 2017 Been through 8 shops and by far the best with its website just love the convenience of this place for all my needs you should stop here Frenchican, Jan 2017 Knowledgable staff and great prices suzyqz73, Jan 2017

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10 Location Overview Edmonds Family Medicine Everett Clinic Aldercrest Health & Swedish Rehab Center Hospital Premera Blue Cross

11 Demographic Reports DEMOGRAPHICS 1 MILE 3 MILE 5 MILE Population 16, , ,485 Households 6,898 51, ,127 Average Age Average HH Income Pop. Growth $75,261 $91,318 $98, % 1.03% 1.25%